Recently, iQiyi and the online literature platform Qimao signed a strategic cooperation agreement, and in the future, the two sides will work together to promote the development of high-quality novel IPs for film and television. At the same time, iQiyi has reached a strategic cooperation with Zongheng Chinese Network, a subsidiary of Qimao, to focus on original IP for anime development.
According to the cooperation agreement, Qimao will provide no less than 40 high-quality IPs to iQiyi every year. Under the platform's own film and television production mechanism and the "one fish, many eat" business model, iQiyi helps these IPs to systematically develop in multiple fields such as comics, animation, and film and television, achieving maximum IP value.
The Qimao platform has numerous original online writers with diverse genres of works, covering urban, romantic, historical, fantasy, immortal, apocalyptic, suspense, and more. IQiyi and Qimao will jointly choose high-quality IPs to create top tier works that are highly well-known, influential, and popular among users. In this cooperation, both parties will take the lead in promoting the anime oriented development of "Jiuyang Wushen" and the film and television oriented development of "Dengque Zhi". In terms of cooperation with Zongheng Chinese Network, both sides will also vigorously promote the anime development of multiple S-level works.